WHY INVESTING IN : BENEFITS AND FACILITIES DECEMBER 2018

DEPARTMENT OF ECONOMY DEVELOPMENT The vision, the strength and the determination that, for centuries, characterized the Genoese throughout the world, have made Genoa, today, the best place for anyone who wants to start a new business taking advantage of an extraordinary quality of life.

Giancarlo Vinacci Deputy Major Economy, University and Statisctics WHY INVESTING IN GENOA

SECTORS QUALITY Because Genoa, historic and economic core Because Genoa could be a desirable head- of the Mediterranean Sea, is investing on its quarter for many international enterprises,

consolidated hotspots such as: LIFE thanks to its high quality of life, cost of labour KEY • PORT & LOGISTIC competitiveness and multiple growing • MOBILITY & TRANSPORT possibilities in world-wide leading sectors • HIGH TECHNOLOGY • CLIMATE • TOURISM & CULTURE • LANDSCAPE • BLUE ECONOMY • ART AND HISTORICAL SITES and it is putting on the ground a new business • FOOD AND WINE line adaptive to the territorial enabling capacities: • SPORTS • SILVER ECONOMY

Because Genoa facilitates new investors and it is attractive for: • REAL ESTATE MARKET • HIGH PROFESSIONALS • LOW EMPLOYEE COST • LOW EMPLOYEE TURNOVER • TAX REDUCTION ECONOMICS

2 3 PORT & LOGISTICS

In the first half of 2018 Genoa’s port handled a total of 55.2 million tons of goods, with a progressive trend the port stretches for km along the cost of 3.9% on the first half of 2017. 22 1 2 3 4 5

30 km of operative docks 1 2 3 4 5

• Ligurian ports handle about 39.4% of the container pass-by national harbours (53.2% excluding the transhipment). • Genoa represents the South Terminal of the Alps-Rhine Corridor and the ideal transit point for the Silk Road (from China to ). • is the first Region in for number of shipbuilding companies on the total manufacturing (1.5% vs. Italian average of 0.3%).

4 5 PORT OF GENOA

The port of Genoa is the generator in Italy of the largest concentration of technical, professional, scientific 450 and educational skills and knowledges related to the maritime routes maritime-port economy sector. Thanks to this cultural heritage, universities, research institutions, professional 55.2 ml offices, schools, companies and technicians consultants tons per year of goods actively operate on the territory. All together, these “knowledge workers” comprise today the largest component and qualified workforce, directly and indirectly involved in the port, and the best guarantee for its future.

3.2 ml passengers per year +8.6% teus/per year

Genoa is the first Italian port in terms of It is one of the first Mediterranean ports total goods handling, with a total of 55 of final destination regarding both ml tons and an increasing rate of +8.6% container transport, about 1.8 ml of in comparison to the past year. teus, and passengers transit, more than 3.2 ml (cruises plus ferries).

6 7 URBAN TRANSPORTATION

10 elevators connect the city centre to the panoramic hilly areas

1 historic narrow-gauge railway connects the city centre to the hinterland

1 historic rack fast track on the sea railway 1 (Navebus).

139 bus lines railway/tramtrack active parking active urban service parking under construction under construction toll booths by 2025 the public transportation other lines of Genoa will be completely electric under construction “terzo valico” under construction

1 subway line 7 km long with 8 stops (extension projects are under consideration)

2 cable-ways connect the city centre with the surrounding heights subway cable ways bike track highway active active under construction project under construction under construction 8 9 SUBURBAN MOBILITY

VeneziaGenoa has a thousand-year history In the first six months of 2018 Cristoforo Milano 150km and is both a tourist destination and Colombo airport recorded a 25% Verona 100km the apex of the industrial triangle with increase in passengers. Torino and . The 25 non-stop routes in 2017 50km became 39 in 2018. Bologna Every day over 600 destinations Genova worldwide are reachable from Pisa Genoa with only one stop. The terminal enlargement as well as the link with the railway are underway, in order to create a synergy with goods and cruises.

Rotterdam Zevenaar Its geographical position in Europe increases its attractiveness to investors, Zeebrugge Duisburg Antwerpen especially as a logistics base for 39 Gent Cologne land-sea traffic. direct routes Aachen

Wiesbaden

Mannheim Passengers

Karlsruhe

Offenbrug + 25%

Freiburg

Basel Brugg

Bern

Gotthard

Luino Domodossola Chiasso

Milano Novara

Ovada Arquata

Genova

10 11 HIGH TECHNOLOGY

In Genoa, the high-tech industry consists of multinationals in the field of energy, automation, transport and infrastructure with research and development activities, and a network of companies employing a total of over 23,000 people, with a significant presence in the areas of electronics, robotics and biotech (we are proud of nationally and internationally excellence centres, including IIT - Institute There are 1,691 digital of Italian Technology). businesses in Liguria, 102 of which are workshops, with respectively an increase of 2.5% and 2% compared to the second quarter of 2017.

Genoa is the second most attractive city in Italy for investments: the city has strengthened its technology sector, with particular attention to biomedical research and mechanics.

12 13 TOURISM & CULTURE

Genoa is a city of theatres, museums, historical libraries, churches and precious ancient buildings. Among these, the ancient “Palazzi dei Rolli”, UNESCO heritage.

The “Theatre of Genoa”, newly appointed national theatre by MIBAC, makes Genoa and Liguria an absolute protagonist in the Italian cultural panorama.

16 ml tourists

In addition to the 42 historic UNESCO buildings and the Aquarium, tourism is attracted by the wide range of cultural, food and wine and landscaping that Genoa and Liguria can offer.

In the first half of 2018 the tourist movement in the metropolitan area of Genoa marks a +3.8% of arrivals (783,230) and a +1.3% attendance (1,710,018) compared to the same period last year. Liguria is the first region in Italy for density of cultural heritage (270.9 assets every 100km2). Genoa has proven to be the favourite departure port for in 2018.

14 15 BLUE ECONOMY

Liguria is the region in which the sea economy plays a major role thanks to an incidence of Blue Economy companies Blue Economy set the scene of all human activities that up to 9.1% over the regional total. live the sea, the coasts and the seabed as resources for industrial activities and the development of services – such as aquaculture, fishing, marine biotechnology, maritime, coastal and cruise tourism, maritime transport, ports and shipbuilding, marine renewable energy – The sea is a strong source of growth and included in a perspective of sustainable development. development not only in national terms, In a peninsular country like Italy, surrounded by the sea but also local scenario: • 156 Blue Economy companies, for about 80% of its borders, the Blue Economy has an • 13 billion Euros of production, important share in the productive system. • 2.49% of revenues in 2016 in There are almost 200 thousand sea-economy comparison to the previous year. enterprises, equal to 3.1% of the total, that employ about 500 thousand people. In the “Rapporto Liguria 2022 of “The European House - Ambrosetti”, Liguria Region is the first one for: • blue economy contribution (up to 9.1% of the regional total), • the share of the shipbuilding companies on the total manufacturing (1.5% on the Italian average of 0.3%), • handling about 39.4% of containers in transit in national ports (53.2% excluding transhipment).

16 17 SILVER ECONOMY Genoa: where you live longer The business volume generated by the Silver Economy counts approximately three trillion dollars per year, impressive numbers that make it the third largest economy in the world, with an European volume reaching the 25% of GDP.

Life expectancy lengthens and Europe grows old quickly: according to statistics, 18% of the population was over 65 in 2003, while in 2050 the European average will reach 28% of over-65. Europe 18% 2003 Italy 21% Free photo 2595523 © Mary Katherine Wynn - Dreamstime.com

Europe 28% 2050 Italy Population ageing is a phenomenon that 30% brings with it important and far-reaching consequences. Demographic changes, in fact, offer challenges but also great opportunities for all economic sectors of society: transport, food, insurance, residential, health care, tourism, Liguria, with 48.5 years, records the Thanks to the mild climate, the many communication, internet, culture highest average age of Italy (on a cultural attractions, the natural beauty and leisure. national scale is 44.7), and Genoa is the and the excellent quality of life, Genoa European city where people live longer; and Liguria are the best candidates for Free photo 16959029 © Lightpoet - Dreamstime.com it is expected that the average age will active ageing, and aim to attract senior rise to 51 years in 2050, compared people from all over of the world. with an Italian estimated average of 50.1 years.

18 19 CITY BUSINESS UNIT TAX BENEFITS

The «City Business Unit» main goal is to create a The Municipality of Genoa planned some fiscal synergistic system to encourage the establishment of benefits on local taxes in order to make the City more new firms in the Genoa area. competitive for new business investments; these advantages are dedicated to innovative start up companies, but also to those companies already settled in Genoa and wishing to increase their workforce.

A financial help related to the total sum of the local taxes, that have been completely and regularly paid during the past year, is also provided to new investors up to a maximum of 100% of the total cost. The current local taxes are: TARI (waste tax), TASI (for indivisible services), COSAP (for public urban areas occupation) and other minor ones. These contributions have to be considered for: TARI • entrepreneurial, handicraft and Waste Tax commercial firms that have started a TARES new business activity on the Genoa Waste and related Municipality area or have expanded an The new unit will promote the process Tax Services already existing activity; simplification through a new sustainable • Firms that have hired new employees TASI with fixed-term or permanent contract assistance-system promoted by the Indivisible Services Economic Development and Strategic during the past year and before the Tax formal request of the contribution; Innovation Projects Direction of the DIRECTION to obtain the fiscal benefits the firms Genoa Municipality as leader subject of REVENUE COSAP have to certify that the personnel is a mixed team that will involve both other POLICIES Fee for use still employed with the same type of Departments focused on the «target- of public contract or with longer duration. enterprises», and other local Institutions. spaces

This new network will represent a key- TIA strength in building a system to attract Environmental new enterprises to the Genoa area and Hygiene Fee support them throughout the process. IMU Municipality Estate Tax 20 21 IMU - WHOLE VALUE OF CONTRIBUTION TASI - WHOLE VALUE OF CONTRIBUTION

IMU RATES 2018 TASI RATES 2018 - Whole value of contribution up to 100% Whole value of contribution up to 100% Rate equal to 0.10 % Properties related to agricultural activity. (Art. 13, Legislative Decree no. 201 Rate equal to 0.84% of Dec. 6, 2011). For building units used by innovative start-ups (as established in the article Rate equal to 0.10 % no. 25 Legislative Decree no. 179 of Buildings constructed and intended by the construction company to be sold, as Oct. 18, 2012) regularly registered in long as this condition persists and the buildings are not rented. the Genoese Chambre of Commerce from January 2018 (Legislative Decree Rate equal to 0 % no.179 of Oct. 18, 2012). Other building units not covered by specific rates. The tax rate is accorded for a period TASI is not applicable to the main living dwelling and adjacent lot (Law 28 no. 208 of three years from registration in the Rate equal to 0.84% Dec. 2015). appropriate register, for buildings For building units that constitute IMU is normally applied on estates classified in categories A/1, A/8, A/9. owned and used directly from capital equipment in the exercise Moreover, all real estates on which IMU has already been applied (such as leased innovative start-ups for scientific and of the business activity, owned and real estates, on a gratuitous loan real estates, shops, plots of land) are not subject technological research activities. used directly by innovative small and to TASI. The rate is also accorded for a period medium-sized enterprises (as defined of three years, starting from the proper by Art. 4 Legislative Decree no. 3 of (website: Tributi Comune di Genova) registration of the innovative start- Jan. 24, 2015) regularly registered in the up, for buildings leased to innovative Genoese Chambre of Commerce. start-ups, and used for scientific and technological research activities.

(website: Tributi Comune di Genova)

22 23 TARI - TOTAL VALUE OF THE CONTRIBUTION

TARI - non-household users 50 empl CAT. 11 CAT. 20 CAT. 21 Annual amount - data elaborated by Economic Development Dept. on Tax Office e e e information - Genoa Municipality Contribution for 1 year 6,405 4,532 5,073 Contribution for 2 years e 12,810 e 9,064 e 10,146 Contribution for 3 years e 19,215 e 13,596 e 15,219 e e e ANNUAL EXAMPLE 625 sqm 1250 sqm 2500 sqm Contribution for 4 years 25,620 18,128 20,292 Gross of TEFA (3%) (50 empl) (100 empl) (200 empl) Contribution for 5 years e 32,025 e 22,660 e 25,365 OFFICES e 6,405 e 12,811 e 25,621 (Category 11) INDUSTRIAL ACTIVITIES e 4,532 e 9,064 e 18,128 (Category 20) 100 empl CAT. 11 CAT. 20 CAT. 21 HANDICRAFT ACTIVITIES e 5,073 e 10,146 e 20,291 e e e (Category 21) Contribution for 1 year 12,811 9,064 10,146 e e e EXPECTED CONTRIBUTION 100% Contribution for 2 years 25,662 18,128 20,292 Contribution for 3 years e 38,433 e 27,192 e 30,438 Contribution for 4 years e 51,244 e 36,256 e 40,584 Contribution for 5 years e 64,055 e 45,320 e 50,730 FIVE-YEAR SAVINGS

e 32,025 e 64,055 e 128,105 e 22,660 e 45,320 e 90,640 e 25,365 e 50,730 e 101,455 200 empl CAT. 11 CAT. 20 CAT. 21 Contribution for 1 year e 25,621 e 18,128 e 20,291 Contribution for 2 years e 51,242 e 36,256 e 40,582 Contribution for 3 years e 76,863 e 54,384 e 60,873 Contribution for 4 years e 102,484 e 72,512 e 81,164 100 empl.

100 empl. e e e

100 empl. Contribution for 5 years 128,105 90,640 101,455 50 empl. 50 empl. 50 empl. Data from Economic Development Dept. based on Tax Office information - Genoa Municipality 200 empl. 200 empl. 200 empl.

offices industry artisan business

24 25 RENTAL PRICES OF PRIME OFFICES 2nd QUARTER 2018

COMPARATIVE PRICES OF RENTS FOR OFFICES 50 empl. 100 empl. 200 empl.

OFFICES RENTAL PRICE 2° QUARTER 2018 e 532,500 ASSUMPTION 50 GAP Vs. 100 GAP Vs. 200 GAP Vs. e LOCATION 1,065,000 1 Sqm 12,5 Sqm/empl. Empl. Genoa Empl. Genoa Empl. Genoa LONDON e 2,130,000 747% 747% 747% LONDON UK e 852 e 10,650 e 532,500 e 1,065,000 e 2,130,000 e 461,250 e 992,500 e 1,845,000 e 518,750 728% 728% 728% PARIS F e 830 e 10,375 e 518,750 e 1,037,500 e 2,075,000 e 1,037,500 e 447,500 e 895,000 e 1,790,000 PARIS e 2,075,000 568% 568% 568% ZURICH CH e 647 e 8,088 e 404,375 e 808,750 e 1,617,500 e 333,125 e 666,250 e 1,332,500 e 404,375 568% 568% 568% GENEVA CH e 647 e 8,088 e 404,375 e 808,750 e 1,617,500 e e 333,125 e 666,250 e 1,332,500 808,750 ZURICH e 474% 474% 474% 1,617,500 MILAN I e 540 e 6,750 e 337,500 e 675,000 e 1,350,000 e 266,250 e 532,500 e 1,065,000 439% 439% 439% e 404,375 I e 500 e 6,250 e 312,500 e 625,000 e 1,250,000 e 241,250 e 482,500 e 965,000 e 808,750 432% 432% 432% GENEVA e FRANKFURT D e 492 e 6,150 e 307,500 e 615,000 e 1,230,000 1,617,500 e 236,250 e 472,500 e 945,000

e e e 411% e 411% e 411% e 337,500 BERLIN D 468 5,850 292,500 e 585,000 e 1,170,000 e 221,250 442,500 885,000 e 675,000 237% 237% 237% BARCELONA E e 270 e 3,375 e 168,750 e 337,500 e 675,000 MILAN e 1,350,000 e 97,500 e 195,000 e 390,000

GENOA I e 114 e 1,425 e 71,250 e 142,500 e 285,000 e 312,500 e data processing based on: 625,000 https://www.statista.com/statistics/431672/commercial-property-prime-rents-europe/ ROME e 1,250,000 https://www.mercato-immobiliare.info/liguria/genova/genova.html e 307,500 e 615,000 FRANKFURT e 1,230,000

e 292,500 e 585,000 BERLIN e 1,170,000

e 168,750 e 337,500 BARCELONAe 675,000

e 71,250 e 142,500 GENOAe 285,000 27 26 AVERAGE ANNUAL WAGES 2017 - G7 VERSUS SAVING ON PERSONNEL COSTS (BUSINESS PLAN 5 YEARS 50 EMPL.)

50 Empl. GENOA USA CANADA GERMANY FRANCE UK JAPAN MILAN ITALY GENOA 5 years The Group of Seven G7) represent the seven largest advanced economies in the USA

world. CANADA e 2,849,339 G7 represent 58% of the global net wealth and more than 46% of the global gross GERMANY e 2,857,489 e 8,150 domestic product (GDP). FRANCE e 3,701,101 e 851,762 e 843,612

UK e 3,706,167 e 856,828 e 848,678 e 5,066

COST FOR EMPL . FOR 1 YEAR FOR COMPANIES WITH 50/100/200 EMPL. JAPAN e 4,338,106 e 1,488,767 e 1,480,617 e 637,004 e 631,938

e e e e e e 1 year 50 empl. 100 empl. 200 empl. MILAN 4,711,767 1,862,427 1,854,278 1,010,665 1,005,599 373,661 ITALY e 5,264,317 e 2,414,978 e 2,406,828 e 1,563,216 e 1,558,150 e 926,211 e 552,551 USA e 53,355 e 2,667,753 e 5,335,507 e 10,671,013 GENOA e 5,487,767 e 2,638,427 e 2,630,278 e 1,786,665 e 3,563,198 e 1,149,661 e 776,000 e 223,449 CANADA e 41,958 e 2,097,885 e 4,195,771 e 8,391,542 SAVING ON PERSONNEL COSTS (BUSINESS PLAN 5 YEARS 100 EMPL) GERMANY e 41,925 e 2,096,256 e 4,192,511 e 8,385,022 100 Empl. USA CANADA GERMANY FRANCE UK JAPAN MILAN ITALY GENOA FRANCE e 38,551 e 1,927,533 e 3,855,066 e 7,710,132 5 years USA

UK e 38,530 e 1,926,520 e 3,853,040 e 7,706,079 CANADA e 5,698,678

e e JAPAN e 36,003 e 1,800,132 e 3,600,264 e 7,200,529 GERMANY 5,714,978 16,300 FRANCE e 7,402,203 e 1,703,524 e 1,687,225 e e e e MILAN 34,508 1,725,400 3,450,800 6,901,600 UK e 7,412,335 e 1,713,656 e 1,697,357 e 10,132 ITALY e 32,298 e 1,614,890 e 3,229,780 e 6,459,559 JAPAN e 8,676,211 e 2,977,533 e 2,961,233 e 1,274,009 e 1,263,877 MILAN e 9,423,533 e 3,724,855 e 3,708,555 e 2,021,330 e 2,011,198 e 747,322 GENOA e 31,404 e 1,570,200 e 3,140,400 e 6,280,800 ITALY e 10,528,634 e 4,829,956 e 4,813,656 e 3,126,432 e 3,116,300 e 1,852,423 e 1,105,101

GENOA e 10,975,533 e 5,276,855 e 5,260,555 e 3,573,330 e 7,126,396 e 2,299,322 e 1,552,000 e 446,899

G7 MEMBERS SAVING ON PERSONNEL COSTS (BUSINESS PLAN 5 YEARS 200 EMPL.)

200 Empl. USA CANADA GERMANY FRANCE UK JAPAN MILAN ITALY GENOA Source: https://www.oecd-ilibrary.org/social-issues-migration-health/data/oecd-employment-and-labour-market- 5 years statistics/average-annual-wages_data-00571-en USA 09 December 2018 https://www.eventreport.it/stories/mercato/115504_litalia_delle_disparit_retributive_le_regioni_e_province_dove_ CANADA e 11,397,357 gli_stipendi_sono_pi_alti/ GERMANY e 11,429,956 e 32,599

FRANCE e 14,804,405 e 3,407,048 e 3,374,449

UK e 14,824,670 e 3,427,313 e 3,394,714 e 20,264

JAPAN e 17,352,423 e 5,955,066 e 5,922,467 e 2,548,018 e 2,527,753

MILAN e 18,847,066 e 7,449,709 e 7,417,110 e 4,042,661 e 4,022,396 e 1,494,643

ITALY e 21,057,269 e 9,659,912 e 9,627,313 e 6,252,863 e 6,232,599 e 3,704,846 e 2,210,203

GENOA e 21,951,066 e 10,553,709 e 10,521,110 e 7,146,661 e 14,252,793 e 4,598,643 e 3,104,000 e 893,797 28 29 PERIODIC EVENTS SUPPORTING GENOA CITY STRATEGIC VISION

Stati Generali dell’Economia Genova Smart Week The event, now in its 2nd edition, involves the Now in its 4th edition. It is a Week dedicated to main institutional actors, the associations of events, meetings and initiatives dedicated to categories, Trade Union Organisations and the Smart City concept. Professional Orders representants of the City, The goal is to be a good collector of the best all working together on four macro themes practices that companies and institutions are of primary importance for the economic experimenting within the context of sustainable development of the City in a medium to long development of the territories, and analyse the term perspective: High-tech Industry, Port and technological tools for creating a smart city on Logistics, Infrastructure, Tourism Commerce a human scale. and Culture.

Blue Economy Summit National and international event that involves all the principals institutional and entrepreneurial ...Coming soon…. actors of the territory, who consider the sea as a resource for industrial activities and services development with a perspective of sustainable development.

Silver Economy Forum Focused Event on the world of senior and on connected services to analyse the demographic changes and to draw a roadmap together with experts, economists and companies. The Forum has also addressed issues related to the development opportunities that the Silver Economy offers.

30 31 ECONOMIC DEVELOPMENT

In the first half of 2018 Genoese economy and employee The great dynamism of the productive rate witnessed +0.3% in comparison with the same fabric, made up of micro and small period of 2017. enterprises that preserve the values of manufacturing tradition, proves to have a strong value on the entire regional economy. Liguria Region is the third Italian one for spending capacity on ERDF funds. Companies led by Other Ligurian under 35 Companies 7.8% (TOT. 2018) 56.2%

Companies led by women 36%

In Liguria almost one new company out of three is led by an under 35: according to the data provided by Unioncamere-Infocamere, in the last quarter (April-June 2018), on the 2,327 new business openings, 683 Added value of Ligurian handicrafts were young (29.4% ), stating a positive has increased in comparison to a year balance of 444 realities. Moreover, ago (when it stood at 3.9 billion Euros), out of the 163,017 registered Ligurian slightly exceeding to 4 billion, 9.5% of companies, those under 35 are the national value. 12,790 (7.8%) and the female-run The greatest contribution is given by ones are 36,036. Genoa (2.12 billion).

32 33 NEXT GOALS

Genoese economy will soon be strengthened by new Renzo Piano’s project for the main projects perfectly integrated into the Lungomare di Levante. urban/landscape context. It aims to improve the relationship between city and sea, in terms of environmental, social and economic sustainability The project foresees a new dynamic Erzelli GREAT Campus integrated receptive, residential and The greater Italian district area commercial space with the creation dedicated to science and of a new urban axis between the fair technology will host the new faculty and the Old Port, to allow the city to of Engineering of the University of reacquire a new “seafront” currently Genoa, a new hospital, and in addition barred from the buildings of the to the current high-tech companies fairground. already sited in the area, also the new Institute Italian of Technology (IIT).

Terzo Valico dei Giovi. Silos Hennebique: It will promote the traffic development Liberty buildings of 1901 are from and to the port of Genoa. strategically placed on the Old Port The project aims to guarantee near the Historical Centre. an improvement in the field of Abandoned since 1980, the silos transportation system both at would acquire a new life and strategic national level (between Genoa and function coherent with the historical the markets of Piedmont and of and cultural characteristics of the Lombardy) to the international one building, ready to reach the goal to (by connecting to the TEN-T Corridor be better integrated into the fabric 24 Genoa - Rotterdam), determining of the Old Port. The project aims to benefits in terms of time, reliability transform silos into a multifunctional and security. centre of interest for both cruise passengers and city events/initiatives.

3034 3135 GENOA MUNICIPALITY SERVICES

SCHOOL AND TRAINING NEW TRAINING COURSES AND PROFESSIONAL EXCELLENCE • Engineering technology for strategy and security • Engineering for building retrofitting The Municipality of Genoa manages • Environmental engineering directly 34 kindergartens and childhood • Marine officer at management level nurseries and promotes a quality system of the educational offer in 31 childhood accredited nurseries of private management. It counts 49 Childhood University of Genoa set up The new professional figures that schools, directly managed by the endorsement courses supported will emerge would better meet the municipality, 76 State Infant Schools and by Confindustria of Genoa City and occupational needs expressed by the 57 Schools of the kindergarten. private companies to increase skills of labour market: the close link with the The Municipal Childhood Schools are graduates who want further deepen productive and institutional fabric of open from September to June according their training. Liguria Region will help to further cross- to the regional school calendar. The interested sectors are: industry link the high level capacity with the 4.0, tourism, ICT, cyber security, health territorial claims. technologies, safety and disability, Some of the 21 master’s courses offered design, made in Italy and enhancement by the University of Genoa have a of the cultural heritage. particularly “Ligurian” focus, especially on marine technologies, health and University of Genoa offers over 120 natural sciences and the safety and courses in 11 thematic fields and 6 cities. quality of life in the territory. Competitive and excellent paths that will guarantee real job opportunities to those who attend them. To support the choice, the University provides guides to the student and tutoring and counselling services.

36 37 GENOA: HISTORY AND PRESENT TIME

Genoa “la Superba”, grandiose, but also proud: an Today, Genoa is aware of its example is the tragedy of the collapse of Ponte Morandi attractiveness for public and private of August 14, 2018 that broke and stop the city for a investments – thanks to a winning combination of business, territory and period, but not the Genoese people in rebooting again, quality of life – to be again the first city stronger and determined than before. in the Mediterranean, able to grant and enhance foreign investments, and regain a global nature. For over eight centuries capital of the The city is home for shipyards and steel Many Italian and foreign investors namesake Republic, Genoa was also mills since the nineteenth century, and see in our city the ideal place to called the “Dominant of the seas” and its solid financial sector dates back to put capital, thanks to the excellent the “Republic of the Magnificent”. Its the Middle Ages: on April 27, 1407 business prospects – location, history is linked to the shipping and began in Genoa the extraordinary professionalism and real estate market commerce: its port is the largest and adventure of the Banco di San Giorgio, – where investments are devoted to. most important in Italy, and the second witnessing that with that particular in the Mediterranean Sea. business skills Genoese succeeded in Buying houses in Genoa is convenient: creating a financial empire assuming a recent study confirmed that in the role of “Bankers of Europe”. the Ligurian capital it is possible to acquire houses much more spacious than in most Italian cities (same budget). Genoa and Liguria present a combination of three fundamental elements: • high quality of life; • high quality of the staff employee – for the training offered by the University but also for the peculiarity of the extraordinary professional skills present, some of them almost exclusively in Genoa; • competitive turnover and labour costs, especially when compared to medium and large cities: -15% compared to Milan, -30% compared to France and -60% compared to Germany.

38 39 Repubblica Marinara 1000 1128 “Lanterna” lighthouse edification

1195 Pope Innocenzo IV Sinibaldo Fieschi

1404 Leon Battista Alberti

1407 Banco di San Giorgio

1411 Pope Sisto IV Francesco Della Rovere 1432 Pope Innocenzo VIII Giovan Battista Cybo 1443 Pope Giulio II Giuliano Della Rovere 1450 Giovanni Caboto

1451 Cristoforo Colombo

1466 Andrea Doria

1505 - 1797 Independent State 1782 Nicolò Paganini

1805

1821 Nino Bixio

1885 Gilberto Govi

1893 Genoa Cricket and Football Club, First football club in Italy

1896 Eugenio Montale 1922 Vittorio Gassman 1923 Italo Calvino 1937 Renzo Piano 1940 Fabrizio De André 2004 Genoa 2001 Summit G8 European Capital for Culture 40 Edited by:

Giancarlo Vinacci Genoa Municipality Deputy Major of Economy, University and Statistics

Mina Pesce Genoa Municipality Director of Economic Development, Strategic Innovation Projects and Statistics

Via G. Garibaldi, 9 - 16124 Genoa (Italy) +39 010 577 2369/2371/2348 [email protected]